Tesla reported deliveries of 405,278 vehicles and production of 439,701 vehicles.
The street responded harshly to Tesla stock after missing the street expectation of 420 deliveries for the 4th quarter.
“Tesla stock went down Tuesday(Jan.3.2023) 12.24% after missing delivery expectations by 3%, yet Wall Street conveniently forgets that deliveries growing from 343,000 in Q3 to over 405,000 in Q4 represents a 72% annualized growth rate (18% per quarter) HUGE!!.”
Nobody seems to even consider the 36K Tesla vehicles currently in transit that will be delivered in January. If they were added to the 405K Tesla delivered in the 4th quarter, the actual Tesla deliveries would be 441K sold.
Tesla 4th Quarter Overview And Forward Look At 2023
This sure sounds like a Tesla buying opportunity in .
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